Enacted plan - Brazil has formalised the approval of its National Plan for Climate Change (Mitigation and Adaptation) through the Resolution CIM/CC/PR 09 of 2026, published Monday in the Daily Official of the Union. The plan, which intends to guide public and private stakeholders towards a common climate trajectory by 2035 and achieve its Nationally Determined Contribution (NDC), now has legal weight and defined obligations. Last week, the Ministry of Environment launched the updated plan and gazetted the resolution establishing a technical group within the Interministerial Committee on Climate Change (CIM) to create the country's climate change policy.

Looser forest risk assessments – The Forest Carbon Partnership Facility's (FCPF) Facility Management Team (FMT) has announced that use of the updated Reversal Risk Tool and submission of Annex 5 in Monitoring Reports are now optional, rather than mandatory, with immediate effect. Verification and Validation Bodies (VVBs) will no longer treat the absence of these elements as a compliance issue. However, if REDD+ Country Participants choose to apply the tool and submit Annex 5 voluntarily, the associated requirements will then form part of the verification criteria. The change reflects delays in implementing Annex 1 of the FCPF Buffer Guidelines, and the fact that all Emission Reduction (ER) programme crediting periods ended in December 2024, making full implementation impractical for some participants. Despite the relaxation, countries must still assess and report reversal risks in Section 7 of their Monitoring Reports, which will continue to be subject to verification. The FMT said it will provide guidance to VVBs to ensure reversal risks remain adequately managed and the integrity of FCPF credits is upheld.

A large volume of CORSIA carbon credits has been retired on the Gold Standard registry, in a sign that the international aviation emissions market may be starting to take off.

Several Latin American countries historically focused on nature-based solutions (NbS) and land use are seeing carbon project developers stride into technology-based GHG reductions and removals.

Several carbon market stakeholders in Southeast Asia signalled an interest in developing credits for international markets, but domestic policy architecture still lags behind such ambition, conference attendees heard Tuesday.

Prices of carbon credits under the Paris Agreement’s Article 6 are seen below $20 per tonne in the early years as supply outpaces demand, before a tightening market pushes rates above $100 by mid-century, according to an analysis.

The European Union and Australia have concluded negotiations on a free trade deal that includes enforceable climate commitments allowing either party to impose sanctions if the other acts in a way that "materially defeats" the Paris Agreement – a clause that goes beyond the language of any previous EU trade deal.